My name is Vincent. I have a 40 by 80 plot of land in Mlolongo area and I intend to take a loan of Sh14 million, which is the cost of developing five 3-bedroom units at a potential rental income of Sh35,000 per month. The repayment period is 96 months or eight years at an interest rate of 15.6 percent. I am also thinking of Plan B, which is to borrow the same amount and buy treasury bonds and repay the loan through Treasury income, although I have no knowledge of Treasury Bonds. I don't know the tenure and associated interest rates and government taxes here. Please advise me on the best investment options to go for.
